News

Stay up to date with the latest breaking news, analysis and commentary on Mirae Asset Sharekhan. Find live updates, exchanges, stock news, earning news and more.

IRFC emerge as L1 bidder for Rs. 5000 crore Rupee Term Loan to NTPC
25 Apr 2025, 1:08PM

Indian Railway Finance Corporation Ltd (IRFC) has participated in a bid for RTL of Rs. 5000 crore to NTPC for meeting part of capital expenditure for ongoing/new capacity addition program including takeover of project, renewable energy projects , renovation and modernisation program of various projects , refinancing of loans etc. on 18th April 2025. In response to the same, NTPC vide letter dated April 24, 2025 has communicated acceptance of IRFC's offer.

The proposal is subject to further due diligence and approval of Board of Directors and finalisation of detailed sanctioned terms with NTPC.

At 1.00 pm, Indian Railway Finance Corporation was trading at Rs. 128.75, down by 3.30%, with a volume of 10.99 lakh shares on the BSE.

Related News
RITES bags order from Mahanadi Coalfields

Rites bags Rs 28-cr work order from MCL for rail connectivity project

25 Apr 2025, 12:58PM
Paras Defence board to mull stock split proposal on April 30

Sub-Division / Split of Existing Equity Shares, Consider and Recommend Payment of Dividend.

25 Apr 2025, 12:27PM
Trending News
IRFC emerge as L1 bidder for Rs. 5000 crore Rupee Term Loan to NTPC

Participate in a bid for RTL of Rs 5000 crore to NTPC.

25-04-2025 13:08:09
Vascon Engineers gets LoI for construction of Two Terminal Building

Vascon Engineers gets Letter of Intent (LoI) for a project worth Rs. 225.5 crore from Royal Rides

24-04-2025 09:47:17
Gandhar Oil gains on signing MoU with JNPA

Gandhar Oil Refinery enters into a Non-binding MOU with Jawaharlal Nehru Port Authority (JNPA)

22-04-2025 13:55:50

Budget 2024 Analysis

OPEN FREE* DEMAT ACCOUNT